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Attention New York Area Investors: Shalov Stone & Bonner Files Class Action Suit In New York Against CBT Group PLC and Its Officers and Directors Alleging Misrepresentations, False Financial Statements and Insider Trading.


NEW YORK--(BUSINESS WIRE)--Oct. 5, 1998--

Shalov Stone & Bonner announces the following:

You are hereby notified that a class action has been commenced in the United States District Court United States District Court

In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court.
 for the Southern District of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 on behalf of persons who purchased or otherwise acquired CBT (Computer-Based Training) Using the computer for training and instruction. CBT programs are called "courseware" and provide interactive training sessions for all disciplines.  Group PLC American Depositary Shares American Depositary Share (ADS)

Foreign stock issued in the US and registered in the ADR system.
 during the period from Jan. 20, 1998 to and including Sept. 30, 1998.

The complaint charges CBT Group and certain of its officers and directors with violations of the federal securities laws by making misrepresentations about CBT Group's business, earnings growth and financial statements and its ability to continue to achieve profitable growth.

Plaintiff is represented by Shalov Stone & Bonner, which has expertise in prosecuting investor class actions and extensive experience in actions involving financial fraud. For more information about the firm, please visit our website at: www.lawssb.com

If you would like to participate in this action or would like additional information about the lawsuit lawsuit: see procedure; tort. , please contact Lee S. Shalov at Shalov Stone & Bonner, 276 Fifth Avenue (Suite 704), New York, New York 10001, telephone: 212-686-8004, email: lshalov@aol.com.
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Publication:Business Wire
Date:Oct 5, 1998
Words:184
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